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Abnormal Securitytoday published research data that shows a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020. This sharp rise continues the trend observed by Abnormal Security throughout the year.

Abnormal Security Data Reveals 200 Percent Monthly Increase in Invoice and Payment Fraud Business Email Compromise Attacks

There has been a 200 percent increase in BEC attacks focused on invoice or payment fraud from April to May 2020, according to Abnormal Security. This sharp rise continues the trend. Also, according to the report, invoice and payment fraud attacks increased more than 75 percent in the first three months of 2020.

200% increase in invoice and payment fraud BEC attacks

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Security researchers are warning of a new phishing campaign that uses malicious emails from legitimate SurveyMonkey domains in a bid to bypass security filters. The phishing emails in question are sent from a real SurveyMonkey domain but crucially have a different reply-to domain.

SurveyMonkey Phishers Go Hunting for Office 365 Credentials

Phishing campaigns are a favored tactic among many cybercriminals because they're relatively easy to set up and deploy. Because the phishing emails typically impersonate a well-known company or brand, they stand a good chance of trapping unsuspecting victims who have accounts with the spoofed entity.

Phishing attack spoofs Twitter to steal account credentials

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Abnormal Security provides advanced email security to prevent credential phishing, business email compromise, account takeover, and more.

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Artificial intelligence is beginning to be usefully deployed in almost every industry from customer call centers and finance to drug research. Yet the field is also plagued by relentless hype, opaque jargon and esoteric technology making it difficult for outsiders identify the most interesting companies.

AI 50 2020: America’s Most Promising Artificial Intelligence Companies

Artificial intelligence is beginning to be usefully deployed in almost every industry from customer call centers and finance to drug research. Yet the…

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beginning, usefully, deployed, industry, customer, centers, finance, relentless, hype, opaque, jargon, esoteric, technology, making, difficult

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Artificial intelligence is beginning to be usefully deployed in almost every industry from customer call centers and finance to drug research. Yet the field is also plagued by relentless hype, opaque jargon and esoteric technology making it difficult for outsiders identify the most interesting…

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https://abnormalsecurity.com/about/news/ai-50-2020-americas-most-promising-artificial-intelligence-companies

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Preventing Criminals From Using AI for Cybersecurity Attacks

Abnormal Security’s CEO explains how ‘defensive A.I.’ will someday defeat cyber attacks

New study: Threat actors harness generative AI to amplify and refine email attacks

Generative AI Could Revolutionize Email—for Hackers

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<p>Abnormal Recognized as Customers' Choice for Email Security</p>

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B 1500x1500 MKT006 09 01 23 CISO Kit to Replace Your SEG

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Discover why traditional secure email gateways are no longer sufficient protection from modern attacks in this kit full of multiple resources.

CISO Kit for Replacing Your SEG

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B 08 01 23 MKT324 H2 2023 Email Threat Report

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The latest threat report shows that 37.5% of all applications request high-risk permissions—putting your email environment in danger.

H2 2023 - Applications Abound:  Average Organization Now Integrates 379 Third-Party Applications with Email

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Discover how cybercriminals use generative AI tools like ChatGPT to create more effective email attacks and how to protect your organization from them.

CISO Guide to Generative AI Attacks

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See how generative AI is changing the threat landscape by determining if these email attacks are created by a human or by ChatGPT.

Quiz: Human or ChatGPT?

AI 50 2020: America’s Most Promising Artificial Intelligence Companies

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